Alkermes (ALKS) grants CFO Reed new stock options and RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reed Joshua reported acquisition or exercise transactions in this Form 4 filing.
Alkermes plc reported that its Senior Vice President and Chief Financial Officer, Joshua Reed, received new equity awards. On March 2, 2026, he was granted 66,430 employee stock options and 30,854 restricted stock units, each RSU representing one ordinary share.
The stock options and RSUs vest in four equal annual installments starting on March 2, 2027, meaning the awards will fully vest over four years if service-based conditions are met. These are non-cash compensation grants and do not represent open-market purchases or sales of Alkermes shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Reed Joshua
Role
SVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 66,430 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit Award | 30,854 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 66,430 shares (Direct);
Restricted Stock Unit Award — 30,854 shares (Direct)
Footnotes (1)
- Shares underlying the stock option vest and become exercisable in four equal annual installments, commencing on 3/2/2027. Each restricted stock unit represents a contingent right to receive one ordinary share. Shares subject to the restricted stock unit award vest in four equal annual installments, commencing on 3/2/2027.
FAQ
What insider transactions did Alkermes (ALKS) report for CFO Joshua Reed?
Alkermes reported that CFO Joshua Reed received equity awards, not open-market trades. He was granted 66,430 employee stock options and 30,854 restricted stock units as part of his compensation on March 2, 2026, all held directly.
How many stock options were granted to Alkermes CFO Joshua Reed?
Joshua Reed was granted 66,430 employee stock options. These options vest and become exercisable in four equal annual installments beginning March 2, 2027, spreading the potential ownership benefit over four years, subject to continued service and the award’s terms.
What are the details of the restricted stock units granted to Alkermes CFO?
Reed received 30,854 restricted stock units, each representing a contingent right to one ordinary share of Alkermes. The RSUs vest in four equal annual installments starting March 2, 2027, aligning long-term incentives with the company’s performance and his continued employment.
Do the Alkermes CFO’s new equity awards involve any purchase price?
The Form 4 shows a transaction price per share of 0.0000 for both the options and RSUs. This indicates they were granted as compensation rather than purchased in the market, with future value depending on vesting and Alkermes’ share performance.
When do Joshua Reed’s Alkermes stock options and RSUs start vesting?
Both the stock options and restricted stock units begin vesting on March 2, 2027. Vesting occurs in four equal annual installments from that date, so the full awards will vest over a four-year period, assuming conditions in the award agreements are satisfied.